underwriting

By Paul Kiel, ProPublica An executive who the Justice Department says facilitated a scheme to defraud Fannie Mae and Freddie Mac is now spearheading JPMorgan Chase's role in the government's program to compensate victims of the big Read more...
By "negotiated underwriting," what Bloomberg means is, "local governments just hand the bid over to the bank that tosses enough combined hard and soft money at the right politicians." Read more...
This illustrates the absolute absurdity of our for-profit healthcare system, doesn't it? A four-month-old is turned down for insurance coverage beca Read more...